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How would managers find benefit in helping them to obtain valuable information in problem identification research. Discuss whether these data are secondary or primary and justify your answers
1. Forecasting and business trend research
2. Market share and market potential
3. Segmentation and marketing mix research
4. Image and market characteristic research
Determine the mean and the standard deviation of the sample.
You will be graded on accuracy, completeness (addressing each point above), and effectiveness (utility, ease of reading).
Assume that correlation coefficient between 2 variables is nearly zero. What does this say about relationship between them?
You want to create a 90% confidence interval for the true average number of yards per game he throws. What is the margin of error for this estimate?
If all samples of size 64 are drawn, mean of sample according to Central Limit Theorem is 100.
Determine following probabilities where Z follows standard Normal distribution?
In a study of the consumer's view of the economy, the probability that a consumer would buy a house during the year was 0.0013, and the probability that the consumer would buy a car during the year was 0.198. There was also a 0.0100 probability t..
Compute fraction of the employees cost between $1,500 and $2,000 per year? Evaluate percent that didn't have any dental expense.
In order to estimate the proportion of families who prefer female baby-sitters to male baby-sitters with an error of at most 8 percentage points and with at least 95 percent confidence, how large a sample should be taken?
a) What is the probability that for any day, the number of special orders sent out will be more than 4? b) What is the standard deviation of the number of special orders sent out daily?
If we know that the length of time it takes a college student to find out a parking spot in library parking lot follows a normal distribution with a mean of 3.5 minutes and a standard deviation of 1 minute
What is the probability of selecting a store at random and finding it has both a pharmacy and a floral shop?
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